$24,000
SOLD JUN 27, 2025

16 Colbert Ave Oil City, PA 16301

7 Beds
3 Baths
4,342 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$6 Per Sq Ft

20% Below List Price

57 Days on Market

Highlights

  • River Front
  • Wood Flooring
  • Satellite Dish
  • Deck
  • Porch
  • Wood Siding

About This Home

As of June 2025

Check out this investment property. Set up as a Triplex, Huge rooms very spacious, Off-street parking available. Bring your tool belt and start bringing this gem back to life. This majestic home overlooks the Allegheny river. Great potential for income. BEING SOLD AS IS, CASH ONLY, ENTER AT YOUR OWN RISK!

Last Agent to Sell the Property

Brian Kurtich

1st Rate Realty, LLC Brokerage Phone: 8144322900 License #RS334683 Listed on: 05/01/2025

Last Buyer's Agent

Brian Kurtich

1st Rate Realty, LLC Brokerage Phone: 8144322900 License #RS334683 Listed on: 05/01/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1894

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 74 x 142
  • River Front

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,342 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Connected
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16,037.-105..-000

Community Details

Overview

  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: 74 x 142
  • Directions: From VCCH, Rt 8 N to Oil City's north side., across Center St bridge, right onto Spring, Left on Graff right onto Diamond alley behind the house.
  • Building Stories: 3
  • Year Built: 1894
  • Attribution Contact: 8144322900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Other Equipment: Satellite Dish
  • Has Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 7
  • Flooring: Wood

Exterior Features

  • View: Water
  • View: Yes
  • Waterfront Features: River Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Deck, Porch
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 3

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Other

Schools

  • Junior High Dist: Oil City

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 2950
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 1245
  • Tax Map Number: 16,037.-105..-000
  • Tax Year: 2025

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $24,000 -20.0% $6 / Sq Ft
05/01/2025 05/01/25 For Sale $30,000 +100.0% $7 / Sq Ft
01/17/2024 01/17/24 Sold $15,000 -49.8% $3 / Sq Ft
08/07/2023 08/07/23 For Sale $29,900 -- $7 / Sq Ft
Source: Allegheny Valley Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Kurtich

    Seller's Agent in 2025

    Brian Kurtich

    1st Rate Realty, LLC

    (814) 758-4023

    138 Total Sales

    Brian Kurtich
    Section Image

  • R

    Seller's Agent in 2024

    Rebecca Bloom

    Wilson Real Estate

    66 Total Sales

    Rebecca Bloom
    Section Image
See All Agents

Map

Source: Allegheny Valley Board of REALTORS®

MLS Number: 161465

APN: 16,037.-105..-000

Pennsylvania Venango County Oil City 16301

16 Colbert Ave, Oil City, PA

This home is located at 16 Colbert Ave, Oil City, PA 16301 and is currently priced at $24,000, approximately $5 per square foot. This property was built in 1894. 16 Colbert Ave is a home located in Venango County with nearby schools including Oil City Senior High School, St. Stephen Elementary School, and Calvary Temple Christian School.

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